Rough Monday

07.03.12

Bob Diamond Backs Out of Another Gig

Bob Diamond, newly former CEO of Barclays, was slated to host a London fundraiser for Mitt Romney. But now, what with his bank embroiled in scandal forcing him to resign Monday, he’s bit a too preoccupied. “Mr. Diamond decided to step aside as a co-host for the upcoming London reception to focus all his attention on Barclays,” said Andrea Saul, Romney’s campaign spokeswoman. “We respect his decision.” Romney was expected to attend the $25,000–$75,000-per-person dinner ahead of the Olympic opening ceremonies, but now it’s unclear whether a new co-host will be named or if the party is still on at all.